-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Thank you to Ald. Napolitano for telling the truth.
Mayor Johnson does not care about the astronomical amount of crime in Chicago.
Trump and Vance acknowledge and care about crime victims.
I’m listening to the introductory statements by the blue city mayors at this hearing and I’m gobsmacked at the sheer amount of lying… Brandon just said that “all is well!” in Chicago… what a SLIMY bunch…!!! We’ll see how they hold up under questioning…
Dems willl need a lot of dressing to swallow all the word salads.
Some on the committee – those who are critical of these mayors’ pro – illegal alien stances – are asking them simply to answer questions with a “Yes” or “No”… none of this lot seem capable of doing that… Brando especially is looking the hapless fool…
Hear, hear! Napolitano is a voice of reason who will be shouted down (or simply ignored) by his peers.
Mayor Johnson is vacuous and after today the whole nation will understand why Chicago is in such deep trouble.
Governors of sanctuary states should be next.